What Liabilities Do You Have as a Shareholder?

Answer Shareholders own specific numbers of stocks issued by a company. They enjoy certain rights, such as voting at shareholders' meetings and consenting the approval of the leaders of the company. Their... Read More »

Top Q&A For: What Liabilities Do You Have as a Shareholder

What Are My Tax Liabilities As a SSI Disability Recipient?

Tax liabilities on disability payments depend on any other income that may be coming into the household. If those payments are the sole income source, then taxes are not likely to accrue. With addi... Read More »

What Is the Meaning of Unlimited Liabilities?

Unlimited liability means a partner, investor or owner of a business is responsible for any debts or obligations for that business. Under unlimited liability, a person can be liable for an unlimite... Read More »

What Is the Meaning of Contingent Liabilities?

A contingent liability is a current obligation arising from a past event that will have to be paid should another event happen in the future. The liability is contingent on an event that may or may... Read More »

What Is the Meaning of Civil Liabilities?

Civil liability arises when a party breaches a legal duty, allowing the aggrieved party to file a lawsuit against him. It is distinguished from criminal liability primarily by the fact that losing ... Read More »